Titles V and VI: Cross-Border Group Resolution and Third Countries

2017 ◽  
Author(s):  
Gabriel Moss QC ◽  
Bob Wessels ◽  
Matthias Haentjens
Keyword(s):  
Early Intervention ◽  
Financial Crisis ◽  
Bank Failures ◽  
Title V ◽  
Cross Border

Title V of the Bank Recovery and Resolution Directive (BRRD) (Articles 87–92) concerns cross-border group resolution. This Title V is an important part of the BRRD, for the financial crisis has shown how difficult it can be for authorities to cooperate effectively and efficiently in cross-border bank failures. Moreover, whilst this Title V focuses on the resolution of cross-border groups, it bears relevance also for the preparation and early intervention stages, and it contains important provisions on authorities’ cooperation in that regard. Article 87(c), for instance, requires also the relevant supervisory authorities (responsible for the early intervention stage) to cooperate, and Article 88(1) requires the resolution colleges to decide on the resolvability of institutions and groups in scope of the BRRD ex Articles 12, 13, 16, and 18.

scholarly journals Malta

2019 ◽  
Vol 19 (346) ◽  
Author(s):  
Keyword(s):  
Early Intervention ◽  
Financial Crisis ◽  
Deposit Insurance ◽  
Bank Failure ◽  
Bank Failures ◽  
The Past ◽  
Policies And Procedures ◽  
Failure Mitigation

This Note analyzes laws, policies, and procedures for bank failure mitigation and resolution, and for preparation and management of a financial crisis in Malta. It addresses the supervision of bank recovery plans, early intervention when problems are identified, resolution planning, resolution funding, and deposit insurance. Until recently, Malta had no bank failures since the 1970’s; two banks have failed in the past two years, and these experiences are assessed.

(Cross-Border Fund Flow after 2008 Financial Crisis)

2014 ◽  
Author(s):  
Tae Hoon Lim ◽  
Dong Eun Rhee ◽  
Ju Hyun Pyun
Keyword(s):  
Financial Crisis ◽  
2008 Financial Crisis ◽  
Cross Border ◽  
Fund Flow

Tendenze degli investimenti diretti esteri dopo la crisi finanziaria: che accade?

2009 ◽  
pp. 123-131
Author(s):  
Sergio Mariotti
Keyword(s):  
Financial Crisis ◽  
Multinational Firms ◽  
Volatile Component ◽  
Jel Classification ◽  
Strong Increase ◽  
Foreign Direct Investments ◽  
World Export ◽  
Cross Border ◽  
Major Shift ◽  
Recent Trends

- This article investigates the recent trends in FDIs, focussing on the effects provoked by the financial crisis. The crisis has impacted in a significant manner on the more volatile component of FDIs, i.e. cross-border M&As. On the contrary, forecasts for greenfield FDIs are just in line with the decline expected in world export, after a strong increase registered in 2008. With the possibility that the financial crisis could catalyse a trend toward the so called "reverse globalization", the paper argues that there is evidence of an increasing heterogeneity in firms' behaviour, with some firms now considering whether or not to scale back offshoring production by returning operations to, or closer to, home. Nevertheless, there is no evidence, or at least not yet, that we are witnessing a major shift in the direction and dynamics of international delocalisation processes. Keywords: foreign direct investments, multinational firms Parole chiave: investimenti diretti esteri, imprese multinazionali Jel Classification: F23

scholarly journals Cross-border spillovers of monetary policy: What changes during a financial crisis?

2018 ◽  
Vol 89 ◽  
pp. 154-174 ◽  
Author(s):  
Luciana Barbosa ◽  
Diana Bonfim ◽  
Sónia Costa ◽  
Mary Everett
Keyword(s):  
Monetary Policy ◽  
Financial Crisis ◽  
Cross Border

Cross-Border Bank Resolution - Recent Developments

Policy Papers ◽  
2014 ◽  
Vol 2014 (11) ◽  
Author(s):  
Keyword(s):  
Global Financial Crisis ◽  
Regulatory Reform ◽  
Bank Failures ◽  
Large Bank ◽  
Too Big To Fail ◽  
Cross Border ◽  
Bank Resolution ◽  
Recent Developments ◽  
The Global Financial Crisis ◽  
Cross Border Cooperation

Developing an effective framework for cross-border resolution is a key priority in international regulatory reform. Large bank failures during the global financial crisis brought home the lack of adequate tools for resolving “too-big-to-fail” institutions. In cross-border cases, misaligned incentives and lack of robust mechanisms for resolution and cross-border cooperation left some country authorities with little choice but to take unilateral actions, which contributed to the high fiscal costs of the crisis and resulted in disorderly resolution in some cases

Banking Globalization

2019 ◽  
pp. 927-952
Author(s):  
Claudia M. Buch ◽  
Gayle L. Delong
Keyword(s):  
Financial Crisis ◽  
Systemic Risk ◽  
Commercial Banks ◽  
Banking Industry ◽  
International Banking ◽  
Foreign Markets ◽  
Risk Effects ◽  
Cross Border ◽  
International Bank ◽  
International Banks

The financial crisis has renewed interest in the globalization of the banking industry, the patterns of entry into foreign markets, and the effects of complex banking organizations. There is a rich body of literature on international banks, which has recently been expanded by the improved theoretical modeling of the international banking firm and by focusing on implications for (systemic) risk. In this chapter, we focus on three main questions. First, what are the determinants of cross-border entry through acquisitions of commercial banks? Second, what are the effects of cross-border entry on complexity and the efficiency of banks? Third, what are the risk effects of international bank acquisitions, in particular with regard to systemic risk? We begin with a brief summary of the stylized facts, and we conclude with implications for researchers and policymakers.

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